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Biotechnology M&A image Biotechnology M&A » By The Online Investor Staff, updated Thu., May. 9, 9:01 AM Recent mergers and acquisitions in the Biotechnology M&A category.

Slide #39. Grifols Transfusion diagnostics unit of Novartis

Acquirer: Grifols (GRFS)
Acquiree: Transfusion diagnostics unit of Novartis (NVS)
Details: Grifols (MCE: GRF, MCE: GRF.P and NASDAQ: GRFS), a global healthcare company and leading producer of plasma therapies, and Novartis (VX: NOVN, NYSE: NVS), today announced that they have signed a definitive agreement whereby Grifols will acquire the transfusion diagnostics unit of Novartis for a total amount of US$1,675 million (1,240 million).

Grifols is a global pharmaceutical company developing, manufacturing and distributing a range of biological medicines based on plasma derived proteins. Co. organizes its business into several divisions, including: Bioscience, which includes activities relating to the manufacture of plasma derivatives for therapeutic use, and the sale and distribution of end products; Diagnostic, which focuses on researching, developing, manufacturing and marketing in vitro diagnostics products; Hospital, which provides technology and services for hospitals, clinics and other centers for the manufacture of medicines; and Bio Supplies, which primarily consists of biological products for non-therapeutic use.

Open the GRFS Page at The Online Investor »

Grifols is a global pharmaceutical company developing, manufacturing and distributing a range of biological medicines based on plasma derived proteins. Co. organizes its business into several divisions, including: Bioscience, which includes activities relating to the manufacture of plasma derivatives for therapeutic use, and the sale and distribution of end products; Diagnostic, which focuses on researching, developing, manufacturing and marketing in vitro diagnostics products; Hospital, which provides technology and services for hospitals, clinics and other centers for the manufacture of medicines; and Bio Supplies, which primarily consists of biological products for non-therapeutic use.

Open the NVS Page at The Online Investor »

Company Name:  Grifols SA, Barcelona
Website:  www.grifols.com
Sector:  Biotechnology
Number of ETFs Holding GRFS:  4
Total Market Value Held by ETFs:  $2.97M
Company Name:  Novartis AG Basel
Website:  www.novartis.com
Sector:  Drugs & Pharmaceuticals
Number of ETFs Holding NVS:  5
Total Market Value Held by ETFs:  $114.62M
Total Market Capitalization:  $290.92B
% of Market Cap. Held by ETFs:  0.04%
 

May 9, 2024    9:01 AM Eastern
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